Electric two-wheeler maker Ather Energy to go Public in Rs 4,500 crore IPO
After the runaway success of its larger rival Ola Electric’s Rs 6,145 crore share sale last month, electric two-wheeler maker Ather Energy has filed for a Rs 4,500 crore IPO. The issue will be Rs 3,100 crore of fresh issue…
Revfin Expands EV Fleet with Acquisition of 15,000 Vehicles on SUN Mobility’s Platform
Revfin, a leading EV financing company, has announced the take over of 15,000 vehicles operating on the SUN Mobility platform. This acquisition, valued at ₹100 crore, marks a strategic step in Revfin’s mission to boost EV adoption and transform fleet…
AUTO i CARE Boosts EV Ecosystem with New After-Sales and Roadside Assistance Solutions
AUTO i CARE, a leading player in the Indian roadside assistance industry, is proud to announce the expansion of its after-sales and roadside assistance services to include electric vehicle (EV) two-wheelers from all brands and manufacturers across India. This strategic…
Minda Corporation Signs Technology Licensing Pact with Sanco Connecting Technology for EV Solutions
Automotive component manufacturing firm Minda Corporation, the flagship company of Spark Minda, on Wednesday said it has signed a technology licensing agreement with Sanco Connecting Technology of China to enhance the product portfolio offering in the electric vehicle (EV) for…
Kinetic Green Eyes Rs 900 crore Turnover in FY25
The company on Wednesday introduced new range of three wheelers on an all new platform, to cater to almost 100% of the growing Indian electric three wheeler market. Speaking on the sidelines of an event in Pune, Sullaja Firodia Motwani,…
Hero MotoCorp Considers Investment in Electric Three-wheeler Startup
Leading two-wheeler brand Hero MotoCorp (HMC) is in advanced negotiations to make a significant strategic investment in Altigreen Propulsion Labs, a Bengaluru-based startup specialising in electric three-wheelers (E3Ws), according to a report by the Economic Times. This move could mark…
Daewoo India and eBikeGo Collaborate for E-bikes
Daewoo India and eBikeGo have announced a strategic collaboration to develop and launch a range of personal mobility vehicles over the next five years. The partnership aims to revolutionise the personal electric mobility segment in India by combining Daewoo’s global…
Sales of Electric 2-wheelers in India Slump 18% in August
After July 2024’s 107,000-plus retail sales of electric two-wheelers, up 97% YoY, August didn’t really turn out to be an august or impressive month for EV manufacturers, given the high expectations the sector has set for itself. At 88,451 units,…
SWITCH Mobility Taps Into EV Market With Extended Test Drives
Ashok Leyland’s electric vehicle division, SWITCH Mobility Automotive Ltd (SMAL), has recently introduced its electric small commercial vehicles (e-SCVs), the IeV3 and IeV4. Typically the market acceptance and demand for EVs, especially commercial vehicles over two tonne Gross Vehicle Weight…
Zomato Organizes EV Bazaar to Drive Electric Vehicle Adoption Among Delivery Partners
As part of Zomato’s commitment to facilitate 100% deliveries through Electric Vehicles (EVs) by 2030, Zomato, today, organized its EV Bazaar 2024 at Talkatora Stadium, New Delhi. The event highlighted the advantages of EVs for delivery partners and facilitated guidance…
